Christopher P. Bogart Sells 90,000 Shares of Burford Capital Limited (NYSE:BUR) Stock

Burford Capital Limited (NYSE:BUR) CEO Christopher P. Bogart sold 90,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total transaction of $1,314,900.00. Following the completion of the transaction, the chief executive officer now owns 452,185 shares of the company’s stock, valued at $6,606,422.85. This trade represents a 16.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Burford Capital Stock Down 0.3 %

BUR stock traded down $0.05 during trading hours on Thursday, reaching $14.31. 882,459 shares of the stock were exchanged, compared to its average volume of 875,398. The company has a market cap of $3.13 billion, a price-to-earnings ratio of 12.34 and a beta of 0.56. The firm’s 50-day moving average is $13.31 and its 200-day moving average is $13.36. The company has a debt-to-equity ratio of 0.54, a current ratio of 15.75 and a quick ratio of 15.75. Burford Capital Limited has a 12 month low of $12.07 and a 12 month high of $16.77.

Burford Capital (NYSE:BUR) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.31. The company had revenue of $249.11 million during the quarter, compared to analysts’ expectations of $137.00 million. Burford Capital had a return on equity of 8.07% and a net margin of 34.81%. During the same quarter last year, the company earned $1.22 EPS. On average, equities research analysts expect that Burford Capital Limited will post 1.25 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Sunbelt Securities Inc. bought a new position in shares of Burford Capital during the third quarter worth approximately $57,000. Amalgamated Bank acquired a new position in shares of Burford Capital in the 2nd quarter valued at approximately $90,000. Blue Trust Inc. boosted its position in shares of Burford Capital by 503.2% during the 3rd quarter. Blue Trust Inc. now owns 7,769 shares of the company’s stock worth $101,000 after acquiring an additional 6,481 shares in the last quarter. Covestor Ltd lifted its stake in Burford Capital by 27.6% during the third quarter. Covestor Ltd now owns 8,527 shares of the company’s stock worth $113,000 after purchasing an additional 1,842 shares during the last quarter. Finally, BBR Partners LLC acquired a new stake in shares of Burford Capital in the 3rd quarter valued at $133,000.

Burford Capital Company Profile

Burford Capital Limited provides legal finance products and services worldwide. The company operates through two segments, Capital Provision, and Asset Management and Other Provision. The Capital Provision segment provides capital to the legal industry or in connection with legal matters directly and through investment in private funds; legal risk management services; lower risk legal finance business focusing on pre-settlement litigation matters with lower risk and lower expected returns; post-settlement finance; and complex strategies in which it acts as a principal and acquires assets that are mispriced.